Market movers: Stocks seeing action on Tuesday - and why

Evertz Technologies Ltd.On Monday, Evertz, a Burlington, Ont.-based company, revealed a “non-binding” proposal to acquire all of its issued and outstanding common shares at $4.50 per share, a 21.6-per-cent premium to the last trade. Last month, it disclosed a 10-per-cent stake in Haivision.

“Bombardier will remain an integral customer of the Latecoere Group in North America and Latecoere will continue to develop its own EWIS activities from Hermosillo, Mexico, within its co-located aerostructures and wiring site, where it can better leverage its dual aerostructures and EWIS capabilities to meet the growing requirements of its expanding North and South American aerospace client base,” the Paris-listed company said in a statement.

Meta’s mass layoffs in November that cut more than 11,000 jobs was among the biggest last year and the first in the company’s history. Other tech companies, including Google-parent Alphabet Inc and Microsoft Corp, have also cut thousands of jobs.), known as WeightWatchers, soared after it said late Monday it is acquiring subscription telehealth platform Sequence, moving the weight-loss program operator into the obesity drug prescription business.

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